Enduring Understandings Value is measured in different ways. Scarcity impacts choice and value. Scarcity can create inequity.
Essential Questions EQ1: How is the problem of scarcity solved in society? EQ2: How are producers and consumers interdependent? EQ3: What is the difference between needs and wants? EQ4: What makes something valuable? EQ5: When I make choices as a consumer, who or what is affected?
Web Links/Online Resources:
(support and guide students to acquire and make meanings of knowledge and skill for the EQs and EQs)
(help to demonstrate understanding of EUs and EQs)
Valuable Objects Activity Use video (iPad or flip camera) for students to orally record in pairs why their selected object brought from home is valuable to them. This ties in with the Language Arts curriculum to encourage public speaking and the IT curriculum related to communication and collaboration.
Communication tool to show understanding - (Power Point, Video or Photo story)
Enduring Understandings
Value is measured in different ways.
Scarcity impacts choice and value.
Scarcity can create inequity.
Essential Questions
EQ1: How is the problem of scarcity solved in society?
EQ2: How are producers and consumers interdependent?
EQ3: What is the difference between needs and wants?
EQ4: What makes something valuable?
EQ5: When I make choices as a consumer, who or what is affected?
Web Links/Online Resources:
(support and guide students to acquire and make meanings of knowledge and skill for the EQs and EQs)Supporting Activities:
Brain Pop Junior
· Needs and Wants Video
· Saving and Spending
· Goods and Services
Brain Pop
· Supply and Demand (Uses vocabulary of supply, demand, goods, services)
Learn Economics through the city of Econopolis
Supporting video clips
Hands on Banking activity
Productivity tools:
(help to demonstrate understanding of EUs and EQs)Valuable Objects Activity
Use video (iPad or flip camera) for students to orally record in pairs why their selected object brought from home is valuable to them. This ties in with the Language Arts curriculum to encourage public speaking and the IT curriculum related to communication and collaboration.
Communication tool to show understanding - (Power Point, Video or Photo story)